Palmetto Bay, Florida 

2 Reviews | Review This Place | Photos and Maps

Population

24,642

15% Growth

Unemployment Rate

5.4%

Median Income

$108,360

Avg. Home Price

$386,475

Best Places to Live in Palmetto Bay, Florida

Regional center - South Atlantic Coast near the southern tip of the Florida Peninsula
Pros
-Cultural diversity
-Beaches and water recreation
-Entertainment
Cons
-Hurricane risk
-Cost of living
-Crime rates

Find your Best Mortgage in Palmetto Bay: Fixed Rate, Adjustable Rate, 30 years, 15 years

What Bert Has To Say About Miami-Fort Lauderdale-West Palm Beach Metro Area

Miami has always been the commercial and cultural center for Florida and the nearby Caribbean, but in the past 30 years it has emerged as a world-class international hub and a gateway for all of Latin America. In many ways it serves as the central logistical and cultural hub of the entire Western Hemisphere. The inevitable result is a diverse and invigorating Latin culture superimposed upon what was already a major commercial, resort, and retirement area dating back to the 1920’s. Many think of it as a tourist center, but import/export and international financial trade with Latin countries make up a far larger part of the economy. These activities bring a large banking industry as well as cargo transport and warehousing; the manufacturing and corporate headquarters rosters are also growing. The city is busy- in many ways stressful- and the mix of cultures, heat, and poverty has occasionally boiled over into ethnic and civil strife. But the city is fun and undeniably alive.


QUICK FACTS

City: Palmetto Bay
Zip Codes: 33157 33158
Time zone: Eastern Standard Time (EST)
Elevation: 12 ft above sea level

Highlights

ECONOMY
The unemployment rate in Palmetto Bay is 5.4% (U.S. avg. is 5.2%). Recent job growth is Positive. Palmetto Bay jobs have increased by 1.66%. Learn More...
COST OF LIVING
Compared to the rest of the country, Palmetto Bay's cost of living is 39.30% higher than the U.S. average. Learn More... or Compare Palmetto Bay's Cost of Living
POPULATION
Palmetto Bay's population is 24,642 people. Since 2000, it has had a population growth of 14.80%. Learn More...
TRANSPORTATION
Average Commute time is 23 minutes. The National Average is 26 minutes. Learn More...
REAL ESTATE
The median home cost in Palmetto Bay is $386,475. Home appreciation the last 10 years has been -5.94%. Check out the homes in the area.
SCHOOLS
Palmetto Bay public schools spend $9,613 per student. The average school expenditure in the U.S. is $12,383. There are about 17.4 students per teacher in Palmetto Bay. Learn More...

Best Places to Live in Palmetto Bay Rankings


Housing Market in Palmetto Bay

It's a good time to buy in Palmetto Bay. Home Appreciation is up 6.1% in the last 12 months. Browse Palmetto Bay Real Estate.

The median home price in Palmetto Bay is $386,475. Browse Homes in this Range.


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Reviews for Palmetto Bay    2 Reviews
Great places to visit while in Palmetto Bay - 7/23/2013
My family and I recently went to Deering Estate for an afternoon picnic and had an excellent time. We brought in all types of food and drink, we brought a lg blanket,... (Read More)

Start Your Review of Palmetto Bay


Great places to visit while in Palmetto Bay - 7/23/2013
My family and I recently went to Deering Estate for an afternoon picnic and had an excellent time. We brought in all types of food and drink, we brought a lg blanket,... (Read More)


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MORTGAGE RATES IN PALMETTO BAY
30 Yr Fixed
15 Yr Fixed
7 Yr ARM
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MAPS OF PALMETTO BAY, FLORIDA
Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Palmetto_Bay,Florida Map
ZIP CODES IN PALMETTO BAY, FLORIDA
33157 33158